Vanguard Group Inc. Acquires 10,709 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Vanguard Group Inc. grew its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 2.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 552,438 shares of the savings and loans company’s stock after buying an additional 10,709 shares during the period. Vanguard Group Inc. owned approximately 4.87% of Southern Missouri Bancorp worth $21,374,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMBC. Mercer Global Advisors Inc. ADV bought a new position in shares of Southern Missouri Bancorp during the 2nd quarter worth approximately $3,532,000. BlackRock Inc. lifted its holdings in shares of Southern Missouri Bancorp by 7.5% in the 2nd quarter. BlackRock Inc. now owns 635,215 shares of the savings and loans company’s stock worth $24,424,000 after purchasing an additional 44,530 shares in the last quarter. Two Sigma Advisers LP bought a new position in shares of Southern Missouri Bancorp in the 1st quarter worth $1,249,000. Stifel Financial Corp bought a new position in shares of Southern Missouri Bancorp in the 1st quarter worth $1,107,000. Finally, Two Sigma Investments LP bought a new position in shares of Southern Missouri Bancorp in the 1st quarter worth $1,081,000. 49.49% of the stock is currently owned by institutional investors.

Insider Activity at Southern Missouri Bancorp

In related news, Director Sammy A. Schalk sold 913 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $44.22, for a total value of $40,372.86. Following the completion of the sale, the director now directly owns 93,442 shares of the company’s stock, valued at approximately $4,132,005.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 17.41% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Southern Missouri Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th.

Southern Missouri Bancorp Price Performance

Shares of SMBC opened at $40.25 on Friday. The stock has a market cap of $457.64 million, a P/E ratio of 10.54 and a beta of 0.94. The business’s fifty day moving average is $42.56 and its 200 day moving average is $44.55. Southern Missouri Bancorp, Inc. has a 12-month low of $30.28 and a 12-month high of $55.45. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.29.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings results on Monday, January 29th. The savings and loans company reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The company had revenue of $40.13 million during the quarter, compared to analysts’ expectations of $40.94 million. Southern Missouri Bancorp had a net margin of 17.39% and a return on equity of 11.49%. Sell-side analysts anticipate that Southern Missouri Bancorp, Inc. will post 4.12 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 15th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend was Wednesday, February 14th. Southern Missouri Bancorp’s payout ratio is currently 21.99%.

Southern Missouri Bancorp Profile

Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers interest-bearing and noninterest-bearing transaction accounts, money market deposit accounts, saving accounts, certificates of deposit, and retirement savings plans.